Sensex sustains 1,000-point surge, Nifty trades above 23,750; banking, pharma and metal shares drive rally.

Benchmark indices Sensex and Nifty maintained solid gains during Thursday’s afternoon session, supported by widespread buying across banking, pharmaceutical, metal and infrastructure sectors, while IT stocks continued to underperform. the Sensex advanced 993.88 points, or 1.33%, to 75,602.86, while the Nifty climbed 340.05 points, or 1.45%, to 23,752.65. Market breadth showed slight improvement, with 1,906 stocks advancing compared to 1,877 declining shares. The Nifty Pharma index surged more than 2.5%, while Nifty Metal gained over 2%. Banking indices also remained firmly in positive territory. On the other hand, IT counters stayed under pressure, with

, , and featuring among the major laggards on the Nifty. Broader markets outperformed the frontline indices, as midcap stocks witnessed stronger momentum, while smallcap shares also moved into positive territory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.